World Acceptance | 10-Q: FY2026 Q2 Revenue Beats Estimate at USD 134.47 M

Revenue: As of FY2026 Q2, the actual value is USD 134.47 M, beating the estimate of USD 127.85 M.

EPS: As of FY2026 Q2, the actual value is USD -0.38, missing the estimate of USD 1.49.

EBIT: As of FY2026 Q2, the actual value is USD 12.66 M.

Segment Revenue

• Interest and Fee Income: $118.96 million for the three months ended September 30, 2025, compared to $113.91 million for the same period in 2024.
• Insurance and Other Income: $15.51 million for the three months ended September 30, 2025, compared to $17.50 million for the same period in 2024.

Operational Metrics

• Net Income (Loss): -$1.95 million for the three months ended September 30, 2025, compared to $22.13 million for the same period in 2024.
• Provision for Credit Losses: $49.84 million for the three months ended September 30, 2025, compared to $46.67 million for the same period in 2024.
• General and Administrative Expenses: $71.97 million for the three months ended September 30, 2025, compared to $46.36 million for the same period in 2024.
• Interest Expense: $14.34 million for the three months ended September 30, 2025, compared to $10.46 million for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $106.78 million for the six months ended September 30, 2025, compared to $102.18 million for the same period in 2024.
• Net Cash Used in Investing Activities: -$149.41 million for the six months ended September 30, 2025, compared to -$94.04 million for the same period in 2024.
• Net Cash Provided by (Used in) Financing Activities: $47.78 million for the six months ended September 30, 2025, compared to -$10.23 million for the same period in 2024.

Unique Metrics

• Gross Loans Receivable: $1.32 billion as of September 30, 2025, compared to $1.23 billion as of March 31, 2025.
• Allowance for Credit Losses: $117.80 million as of September 30, 2025, compared to $103.35 million as of March 31, 2025.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue focusing on loan growth, with a priority on ensuring sufficient capital to fund this growth. The company also emphasizes the importance of stock repurchases as a component of its long-term financial strategy, subject to compliance with applicable covenants.
• Non-Core Business: The company has no significant plans related to divestitures or emerging segments at this time.